U.S. Steel will hold a press conference at the Keewatin City Hall on Friday, Feb. 1. They will announce the “good news” we’ve been hearing about for a couple weeks now. I have heard talk about something like a 3.5 million ton increase in taconite pellet production at Keewatin Taconite. That’s huge, almost doubling production there. Also significant is that this would be an immediate project, not a “prospective” project as we’ve been talking about in the case of the east Range nonferrous mines or the Nashwauk steel mill.

Stay tuned for Friday.